A778.01 IS AR inside fp - Crown Investments Corporation

More documents

Recommendations

Info

A S S E T S – P O R T F O L I OFOLLOWING IS A BREAKDOWN OF INVESTMENT SASKATCHEWAN’SPORTFOLIO CARRYING VALUES AT DECEMBER 31, 2004:Direct Investments Accounted for on an Equity Basis ($ millions) (Non-consolidated)Book Value at Dec. 31/04Meadow Lake Pulp Limited Partnership $78.8Saskferco Products Inc. 136.6Meadow Lake OSB Limited Partnership 43.9Centennial Foods Partnership 20.1Big Sky Farms Inc. 21.6Investment Saskatchewan Swine Inc. 0.1CIC Swine Genetics Holdings Inc. 12.6Saskatchewan Valley Potato Corporation 1.5Total $315.2Direct Investments Accounted for on a Cost Basis ($ millions) (Non-consolidated)Book Value at Dec. 31/04Premium Brands Inc. $12.2Minds Eye Entertainment Ltd. —Pangaea Systems Inc. —Other Small Investments 0.1Total $12.3Fund of Fund Investments ($ millions) (Non-consolidated)Book Value at Dec. 31/04Foragen Technologies Limited Partnership $3.0Western Life Sciences Venture Fund Limited Partnership 2.8Prairie Ventures Limited Partnership 10.8Primaxis Technology Ventures Incorporated 5.0Total $21.6Small Portfolio ($ millions) (Non-consolidated)Book Value at Dec. 31/04PCF Investments Ltd. $7.9WTCInvestments Ltd. 7.3Total $15.2Debentures, Loans and Other Advances ($ millions) (Non-consolidated)Book Value at Dec. 31/04HARO Financial Corporation $83.4Canadian Western Bank – Debenture 3.1Great Western Brewing Company Limited – Debenture 1.0Miscellaneous Small Loans 2.3Total $89.8Properties ($ millions) (Non-consolidated)Book Value at Dec. 31/04Properties Held for Sale $4.514
A W A R E N E S S A N D R E P U T A T I O NFundamental PerspectiveInvestment Saskatchewan undertook a number of activities in 2004 to raise its profile andbuild awareness. A number of industry conferences and tradeshows were sponsored including:the Canadian Venture Capital Association Conference; the Calgary Society of FinancialAnalysts and Houston Society of Financial Analysts “Investing in Oil and Gas Conference”;The World Meat Congress; the Canadian IT Financing Forum; BioScience Week; BIO2004; andthe Steven Covey Leadership Conference.In addition to industry awareness,Investment Saskatchewan sponsored anumber of community events and activitiesInvestmentSaskatchewan's• an Angel Investors Network Sessionwhere interested organizations andindividuals discussed “Building Busi-in Saskatchewan including the Sasknessesof the Future” in an openfundamental valueatchewan Chamber of Commerce’s ABEXforum;Awards, the Aboriginal Government is built on a strong• presentations from Blair Richardson,Employees Network, the 10th Annual First asset base, soundPresident and CEO of Bow RiverNations Award Ceremony, the Canadianmanagement, andCapital Partners, Denver CO; IlseLight Source Opening Gala, the GlobeTreurnicht, President & CEO PrimaxisTheatre, and the United Way of Regina. growing awarenessTechnology Ventures Inc.; andInvestment Saskatchewan was also in the industry.Dr. Paul Guild, Vice-President ofpleased to convene the 2nd Annual InvestmentFuture Forum in Regina. During theUniversity Research, University ofWaterloo; andtwo-day event, over 200 people attended and 16 companies• a luncheon presentation by Deirdre McMurdy, co-host ofpresented their business proposals to over 20 investor companies.Global TV’s Money Wise and Tony Wilson-Smith, Maclean’sThe Investment Future Forum brought together someEditor and Director of On-line Media for Maclean Hunter.of Canada’s top speakers, venture capital companies, financialinstitutions and entrepreneurs. Some highlights of the 2004Forum included:• an Investee Boot Camp conducted by Deloitte & Touche withThe event, co-sponsored by Saskatchewan Industry andResources, was well received by investors and investees andprovided a rare opportunity for private and public networking.select growth companies to help them prepare for and targetappropriate sources of capital at the event;15
Page 1 and 2: INVESTMENT SASKATCHEWAN • THE YEA
Page 3 and 4: 2 0 0 4 H I G H L I G H T S2004 200
Page 5 and 6: net earnings for the year of $19.3
Page 11 and 12: “Our strategy has always been to
Page 13 and 14: I N V E S T M E N T S T R A T E G Y
Page 15: A S S E T S - P O R T F O L I OFund
Page 19 and 20: C O R P O R A T E I N F O R M A T I
Page 21 and 22: C O R P O R A T E I N F O R M A T I
Page 23 and 24: C U R R E N T P O R T F O L I OHARO

A778.01 IS AR inside fp - Crown Investments Corporation

Create successful ePaper yourself

Delete template?

Save as template?